Level Equity Management, LLC, a NYC-based private investment firm focused on providing capital to rapidly growing software and technology-driven businesses, closed Level Structured Capital II, securing $157.5m.
Level Structured Capital has now raised more than $250m, invested in 26 companies and has had 16 liquidity events since 2017.
LSC II already has made 10 investments and had two liquidity events.
Led by Barry Osherow, Partner and the head of Level Structured Capital, the team added both Michael Krause and Nihar Patel. Krause is an Associate who most recently worked at Silicon Valley Bank providing growth capital for software and fintech startups, and before that, Cowen, where he advised on sell-side M&A transactions and capital raising financings for disruptive industrial companies. Patel is a Senior Associate who most recently was an associate at Ironwood Capital where he evaluated, executed, and monitored investments, and before that, he was an investment banking analyst in PNC’s debt capital markets group.
Led by Ben Levin, CEO, Level Equity is a private investment firm focused on providing capital to rapidly growing software and technology-driven businesses. The firm has raised $3.0 billion in committed capital across 10 investment funds since 2011 for their three business lines – core growth equity, opportunistic growth, and structured growth – and made over 100 investments with 51 liquidity events since inception.
